Muted Response to Greece Reflects Change in Markets

TODAY: July 7, 2015 PUB DATE: July 7, 2015

Financial markets' quiet response to the latest Greek crisis shows how much things have changed since worries about Greek debt helped disrupt global markets in 2011 and 2012. Money managers have become more confident in the ability of the European ...

Humana Cuts Profit View On Higher Medical Costs -- 3rd Update

TODAY: July 7, 2015 PUB DATE: July 7, 2015

By Liz Hoffman And Anna Wilde Mathews After weeks of banking on a takeover, Humana Inc.'s shareholders reacted coolly to news of the insurer's $34.1 billion announced sale to Aetna Inc., amid concerns over the deal's antitrust prospects, the possibility ...

Asian Shares Shrug Off China, Greece Worries

TODAY: July 7, 2015 PUB DATE: July 7, 2015

By Gregor Stuart Hunter Asian markets rose early Tuesday, as investors shrug off twin concerns over Greece's debt situation and China's economy, which led to a plunge in oil prices. Greece's vote on Sunday to reject creditors' demands, including pension ...

Correction to Dollar Tad Higher Against Yen, Euro Article

TODAY: July 7, 2015 PUB DATE: July 7, 2015

"Dollar Tad Higher Against Yen, Euro Ahead of Greece Summit," at 0530 GMT, misstated the name of FPG Securities' chief executive. His name is Koji Fukaya. (END) Dow Jones Newswires July 07, 2015 02:13 ET (06:13 GMT) Copyright (c) 2015 ...

U.S. Trade Gap Increases Modestly in May

TODAY: July 7, 2015 PUB DATE: July 7, 2015

WASHINGTON?The U.S. trade gap expanded modestly in May, perhaps finding its level after a port disruption on the West Coast caused a turbulent spring. The trade deficit increased by 2.9% to a seasonally adjusted $41.87 billion in May, the Commerce ...

European Stocks Hold Steady

TODAY: July 7, 2015 PUB DATE: July 7, 2015

European stocks steadied Tuesday, with investors awaiting the outcome of an impromptu summit of eurozone leaders at which Greece will once again face its European creditors. In early trade, the Stoxx Europe 600 was 0.3% higher. Germany's DAX rose 0.4%, ...

UK Factory Dip Offset By North Sea Boost

TODAY: July 7, 2015 PUB DATE: July 7, 2015

By Jon Sindreu and Jason Douglas LONDON--Industrial production in the U.K. picked up in May, official data showed Tuesday, as a rise in oil and gas production offset a steep fall in the manufacture of weapons and ammunition. British industries ...

IMF: Italy's Renzi Needs to Push Forward With Deeper Reforms -- Update

TODAY: July 7, 2015 PUB DATE: July 7, 2015

By Giada Zampano ROME--The Italian economy is gradually emerging from its most prolonged recession in decades and Prime Minister Matteo Renzi needs to firmly push through his ambitious reform agenda to address Italy's structural weaknesses and reignite sustained growth, the ...

Technip Shares Plummet on Restructuring

TODAY: July 7, 2015 PUB DATE: July 7, 2015

PARIS?Shares in French oil services company Technip SA plummeted Tuesday after it announced a major restructuring plan, including 6,000 job cuts world-wide, as falling energy prices force the company to drastically cut costs. Technip said in that the restructuring plan ...

AMP Capital, 3i Infrastructure to Buy Denmark's Esvagt

TODAY: July 7, 2015 PUB DATE: July 7, 2015

By Robb M. Stewart MELBOURNE, Australia--Investment manager AMP Capital is teaming up with 3i Infrastructure PLC (3IN.LN) to buy Denmark's Esvagt, a provider of rescue services for Scandinavia's offshore oil-and-gas industry. AMP Capital, a unit of Australian financial services company ...

U.S. Trade Gap Increases Modestly in May -- Update

TODAY: July 7, 2015 PUB DATE: July 7, 2015

By Eric Morath The U.S. trade gap expanded modestly in May due to a slowdown in exports, suggesting a stronger dollar and global turmoil will weigh on economic growth this year. The trade deficit increased by 2.9% to a seasonally ...

European Stocks Fall -- 4th Update

TODAY: July 7, 2015 PUB DATE: July 7, 2015

By Josie Cox and Tommy Stubbington European stocks fell Tuesday as investors sought safer assets, while eurozone decision makers met for what could be a final effort to keep Greece in the currency union. The Stoxx Europe 600 was down ...

Axel Springer Wants Founder's Widow to Retain Control

TODAY: July 7, 2015 PUB DATE: July 7, 2015

FRANKFURT?Axel Springer SE is paving the way for a potential merger with broadcaster ProSiebenSat.1 AG by pursuing plans to allow the widow of its founder, Axel Springer, to retain control of a merged company, people familiar with the matter said. ...

ASR/WSJ Global NewsFlow Index Rose to 10-Month High of 56.5 in June

TODAY: July 7, 2015 PUB DATE: July 7, 2015

By Kathleen Madigan News coverage of the global economy improved sharply in June, but not for the right reasons, according to a report released Tuesday. The Absolute Strategy Research/Wall Street Journal global composite newsflow index increased to a 10-month high ...

Brics Launches Development Bank

TODAY: July 7, 2015 PUB DATE: July 7, 2015

The group of five major emerging economies known as Brics launched a development bank on Tuesday ahead of a summit in the Russian industrial city of Ufa, where Russia seeks to demonstrate it hasn't been isolated by Western sanctions. The ...

EMC to Sell Dropbox Rival Syncplicity

TODAY: July 7, 2015 PUB DATE: July 7, 2015

EMC Corp. is ending a three-year foray into the kinds of data-storage services offered by Dropbox Inc. and Box Inc., agreeing to sell control of its Syncplicity business to investment firm Skyview Capital LLC. Financial terms of the transaction wasn't ...